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Two-Unit Duplex with Basement
New
For Sale
$424,000

202 Atlantic Street, Paterson, NJ 07503

2-4 Family, Paterson, NJ

Property SizeContact for details
Days on Market2

Property Features for 202 Atlantic Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2, Basement, Bedroom 1, Bedroom 2
Subdivision Paterson
Standard status Active

Utilities

Cooling system None (Cooling)

Amenities

fenced rear yard
full basement
Listing Agency: Keller Williams Village Square Realty · Keller Williams Realty
Listed By: Jason Shagawat
Added: Aug 20 Last Checked: Aug 21 at 7:06PM
MLS# 26031377

Copyright © 2026 New Jersey MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This legal two-family duplex includes two residential units, each arranged with one bedroom and one full bathroom. Separate utilities and individual heating systems support distinct unit operation, while the full basement provides additional storage and utility space. The property also includes a fenced rear yard.

Recent property updates include newer water heaters, updated heating systems, a newer roof, and flooring improvements. The upper unit has received an interior refresh. The home is located near shopping, dining, transportation, schools, and major roadways in Paterson, New Jersey.

Key Highlights

  • Two legal residential units, each with 1 bedroom and 1 full bathroom
  • Separate utilities and individual heating systems for each unit
  • Full basement for storage and utility functions

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Skin Care Clinic Accounting Firm Florist (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,148
Businesses Nearby

Demographics for 07503, NJ

19,893
Population
6,560
Households
3
Avg Household Size
35
Median Age
15%
College-Educated
78%
High-School Grad
1.5 sq mi
ZIP Area
13,262
Density / Sq Mi
$60,295
Median Household Income
$35,611
Median Earnings
$1,605
Median Rent
$314,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Legal two-family property with separate utilities, individual heating systems, and a fenced rear yard.
Where is this duplex located?
The property is located at 202 Atlantic Street Paterson, NJ.
What is the asking price?
The asking price for this property is $424,000.
What are key features of this property?
This property features: Two legal residential units, each with 1 bedroom and 1 full bathroom; Separate utilities and individual heating systems for each unit; Full basement for storage and utility functions
More about this property
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